Ananlysing this on the 5min. RSI picking up well. Watch this pair climb as Covid kills the economy.
Break and waiting for retest of ascending channel to form a sweet head & shoulders pattern. Market sentiment is definitely bearish with the RSI under 50 and a lower high and lower low being formed. Expecting small pullback to 38.2 confluence level before an aggressive downward push. Although a break and retest of the 38.2 level could spell bullish behavior, it...
Looking to break the downward trend and test weekly resistance. Please like and share your views.
Wait for retest of 61.8% for Buy Wait for break and retest of rising wedge for sell. Please like and share your views.
Expecting upward trend to hold and see a possible 100% increase in coming weeks. Please share your views?
Next wave in down trend. Wait for candlestick confirmation.
Possible retracement to 1.3 area. wait for candle confirmation
Clear start of a downward trend... currently forming bearish flag in correction to 1st wave. Strong downward sentiment. Wait for break and retest of upward trend before entry. Like and comment, please share your views.
Broke the downward trend, anticipating a retest before take-off. Further upward motion expected after this entry, but we wait for the next correction. Like and comment, share your views please.
BTC EXPERIENCED A BIG UPWARD SPILE FOLLOWED BY 2 CORRECTIVE WAVES. PREPARING TO BREAK THE PENNANT TO THE UPSIDE ON THE 3RD WAVE. CURRENT PRICE IS THE LOWEST WE WILL EVER SEE BITCOIN AT. GETTING THE SNIPER ENTRY IN NOW IS THE BEST OPTION WITH LOWEST RISK IF SETTING A PROPER STOP LOSS. PLEASE LIKE AND FOLLOW.
Looking for a big drop on this pair. I will be entering on the retest after the break of the bearish flag. Slight possibility that it could bounce off the trend line which would mean continuation of the rising channel. But looking at the trading sentiment and bullish exhaustion, that is highly unlikey. Great opportunity for a short entry.
78.6% pullback on daily. Failed to go back and test the major support again, This means the bulls are back. Ecpecting a small retest of the box, 38.2% or 61.8% before lift off. Great opportunity to go long on this pair.
Massive H&S on H1. Finishing the last shoulder off with an H&S too.
FORMING A CONVINCING DECENDING WEDGE. PREPARING FOR NEXT WAVE.
PREPARING TO COMPLETE FINAL WAVE IN ASCENDING CHANNEL ON DAILY TF I EXPECT IT TO BREAK AND RETEST ASCENDING TREND CAUSING A 3RD TEST ON 4H FIB 78.6% WITH AN H&S SETUP CLEAR BEARISH DIVERGENCE ON H1 TO COMPLETE CURRENT WAVE. USE LOWER TF FOR ENTRY. PLEASE LIKE AND COMMENT.